Anji Reddy
Encyclopedia
Kallam Anji Reddy is an India
n entrepreneur in the pharmaceutical industry, the founder-chairman of Dr Reddy's Labs, which he established in 1984, and chairman of Dr Reddy’s Foundation (DRF), the corporate social responsibility arm of the group, established 1996.
in nalgonda District
, where his father grew turmeric
. He studied in Anapothana ZPHS School in Nutakki
until Tenth Class.
Reddy after graduating from the local high school, went on to get his first Bachelor of science degree from A.C. College
at Guntur in 1958. Thereafter he, did his B.Sc.-Tech in Pharmaceuticals and Fine chemicals from Bombay University followed by a Ph.D.
in chemical engineering
from the National Chemical Laboratory
, Pune
in 1969.
, Indian Drugs and Pharmaceuticals Limited
(IDPL) (1969–1975), when he left he job to found Uniloids Ltd in 1976 of which was also the and managing director of till 1980, when he founded Standard Organics Limited , before founding Dr Reddy's Labs in 1984 with an initial capital of Rs 25 lakh (Rs 2.5 million). Over the years, it transformed Indian bulk drug industry from import-dependent in mid-80s to self-reliant in mid-90s and finally into the export-oriented industry.
has been credited with turning the Indian bulk drug industry from dependence on imports in the mid 1980s to self reliance in the mid 1990s and finally into the export-oriented industry that it is today. It was the first company to take up drug discovery research in India (in 1993). In April 2001 Dr Reddy’s Labs became the first Asian pharmaceutical company outside Japan
to be listed on the New York Stock Exchange
. The company has revenues of $546 million (Rs.2,427 crore) during the fiscal year 2006 and is India’s second largest pharmaceutical company.
Mohali
. He is also a member of the board of governors of the Institute of Chemical Technology
, University of Mumbai. Dr. Reddy chairs the governing body of Hyderabad Eye Research Foundation and also serves on the board of Vision Research Foundation,
, a not-for-profit development institution that strives for eradication of poverty has Dr Reddy as its founding father. He is also founder-chairman of Dr Reddy’s Foundation for Human and Social Development, a social arm of Dr. Reddy’s Labs.
in 2001. The CHEMTECH Foundation bestowed on him the Achiever of the Year award in 2000 and the Hall of Fame award in 2005. In 2001, he was awarded with one of highest civilian honours Padma Shri by the Government of India. In 2011 he was also conferred with Padma Bhushan.
India
India , officially the Republic of India , is a country in South Asia. It is the seventh-largest country by geographical area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world...
n entrepreneur in the pharmaceutical industry, the founder-chairman of Dr Reddy's Labs, which he established in 1984, and chairman of Dr Reddy’s Foundation (DRF), the corporate social responsibility arm of the group, established 1996.
Early life and education
He spent his early years in the village of near suryapet nalgondaNalgonda
Nalgonda is a town and a municipality in Nalgonda district in the Indian state of Andhra Pradesh. Its name is derived from two Telugu words Nalla and Konda . Nalgonda in the past is referred to as Nilagiri. During the period of Bahamani kingdom, it had been renamed as Nallagonda...
in nalgonda District
Nalgonda district
Nalgonda / Nallagonda District is a district in Andhra Pradesh. It has a population of 3,483,648 of which 13.32% is urban as of 2001.-Etymology:Its name is derived from two Telugu words Nalla & Konda i.e...
, where his father grew turmeric
Turmeric
Turmeric is a rhizomatous herbaceous perennial plant of the ginger family, Zingiberaceae. It is native to tropical South Asia and needs temperatures between 20 °C and 30 °C and a considerable amount of annual rainfall to thrive...
. He studied in Anapothana ZPHS School in Nutakki
Nutakki
Nutakki is a major village in Mangalagiri mandal in Guntur district of Andhra Pradesh, South India.Nutakki is a Vibrant and rich cultured village with warm hearted people who always welcomes all kind of prople from across the globe...
until Tenth Class.
Reddy after graduating from the local high school, went on to get his first Bachelor of science degree from A.C. College
Andhra-Christian College
Andhra-Christian College, popularly known as AC College, is one of the oldest colleges in India. AC College is part of the educational enterprise of the Protestant churches...
at Guntur in 1958. Thereafter he, did his B.Sc.-Tech in Pharmaceuticals and Fine chemicals from Bombay University followed by a Ph.D.
Ph.D.
A Ph.D. is a Doctor of Philosophy, an academic degree.Ph.D. may also refer to:* Ph.D. , a 1980s British group*Piled Higher and Deeper, a web comic strip*PhD: Phantasy Degree, a Korean comic series* PhD Docbook renderer, an XML renderer...
in chemical engineering
Chemical engineering
Chemical engineering is the branch of engineering that deals with physical science , and life sciences with mathematics and economics, to the process of converting raw materials or chemicals into more useful or valuable forms...
from the National Chemical Laboratory
National Chemical Laboratory
The National Chemical Laboratory is an Indian government laboratory based in Pune, in western India.Popularly known as NCL, a constituent member of the Council of Scientific & Industrial Research India, it was established in 1950. There are approximately 200 scientific staff working here...
, Pune
Pune
Pune , is the eighth largest metropolis in India, the second largest in the state of Maharashtra after Mumbai, and the largest city in the Western Ghats. Once the centre of power of the Maratha Empire, it is situated 560 metres above sea level on the Deccan plateau at the confluence of the Mula ...
in 1969.
Career
He started his career in the state-owned PSUPSU
The initialism PSU often refers to a Power supply unit, or specifically a computer's Power supply unit .The PSU powers all the computer's main components. There are many different PSUs that can come with anywhere up to 1500 watts for a standard desktop computer. The PSU is also sometimes referred...
, Indian Drugs and Pharmaceuticals Limited
Indian Drugs and Pharmaceuticals Limited
Indian Drugs and Pharmaceuticals Limited is a large Indian government-owned pharmaceutical manufacturing company, incorporated on 5 April 1961 with the aim of achieving India's self-sufficiency in pharmaceuticals manufacturing. IDPL performed a pioneering role in the growth of the Indian drug...
(IDPL) (1969–1975), when he left he job to found Uniloids Ltd in 1976 of which was also the and managing director of till 1980, when he founded Standard Organics Limited , before founding Dr Reddy's Labs in 1984 with an initial capital of Rs 25 lakh (Rs 2.5 million). Over the years, it transformed Indian bulk drug industry from import-dependent in mid-80s to self-reliant in mid-90s and finally into the export-oriented industry.
Dr Reddy's Labs
Dr. Reddy's LaboratoriesDr. Reddy's Laboratories
Dr. Reddy's Laboratories Ltd. is an integrated pharmaceutical company focused on providing medicines through its three business segments: Global Generics segment, Pharmaceutical Services and Active Ingredients segment and Proprietary Products segment. The company was founded by Dr...
has been credited with turning the Indian bulk drug industry from dependence on imports in the mid 1980s to self reliance in the mid 1990s and finally into the export-oriented industry that it is today. It was the first company to take up drug discovery research in India (in 1993). In April 2001 Dr Reddy’s Labs became the first Asian pharmaceutical company outside Japan
Japan
Japan is an island nation in East Asia. Located in the Pacific Ocean, it lies to the east of the Sea of Japan, China, North Korea, South Korea and Russia, stretching from the Sea of Okhotsk in the north to the East China Sea and Taiwan in the south...
to be listed on the New York Stock Exchange
New York Stock Exchange
The New York Stock Exchange is a stock exchange located at 11 Wall Street in Lower Manhattan, New York City, USA. It is by far the world's largest stock exchange by market capitalization of its listed companies at 13.39 trillion as of Dec 2010...
. The company has revenues of $546 million (Rs.2,427 crore) during the fiscal year 2006 and is India’s second largest pharmaceutical company.
Further posts
Dr Reddy is a serving member of the Prime Minister’s Council on Trade and Industry and has been nominated to the board of the NIPERNational Institute of Pharmaceutical Education and Research
The National Institute of Pharmaceutical Education and Research, India was established by the Government of India to cater to the long-standing demand for setting up a dedicated nodal for quality higher education and advanced research in the pharmaceutical sciences...
Mohali
Mohali
Mohali is a city adjacent to Chandigarh, 18th District in Punjab, India. It is officially named after the eldest son of Guru Gobind Singh, Sahibzada Ajit Singh . It, along with Chandigarh and Panchkula, form a part of the Chandigarh Tricity...
. He is also a member of the board of governors of the Institute of Chemical Technology
Institute of Chemical Technology
Institute of Chemical Technology , Mumbai, is India's premier chemical engineering and technology research institute. It is an institute dedicated to training and research in various branches of Chemical Engineering, Chemical Technology, and Pharmacy...
, University of Mumbai. Dr. Reddy chairs the governing body of Hyderabad Eye Research Foundation and also serves on the board of Vision Research Foundation,
Social causes
Naandi FoundationNaandi Foundation
Naandi Foundation, is a non-profit organisation in India aiming to eradicate poverty. It was founded in 1998, and works in the fields of children's rights, education, sustainable livelihoods, mid-day meals and safe drinking water....
, a not-for-profit development institution that strives for eradication of poverty has Dr Reddy as its founding father. He is also founder-chairman of Dr Reddy’s Foundation for Human and Social Development, a social arm of Dr. Reddy’s Labs.
Awards and honors
Dr Reddy has been the recipient of several awards and honors. Notable among them are the Sir PC Ray award, twice conferred on him by the Indian Chemical Manufacturers Association (1984, 1992) and the Federation of Asian Pharmaceutical Associations (FAPA)’s FAPA-Ishidate Award for Pharmaceutical Research in 1998. He was voted Businessman of the Year by India’s leading business magazine Business IndiaBusiness India
Business India is a fortnightly business news magazine founded by Ashok Hotchand Advani. It was founded in 1978 and is published out of Mumbai, India. , the magazine had a circulation of 88,100 copies....
in 2001. The CHEMTECH Foundation bestowed on him the Achiever of the Year award in 2000 and the Hall of Fame award in 2005. In 2001, he was awarded with one of highest civilian honours Padma Shri by the Government of India. In 2011 he was also conferred with Padma Bhushan.